Ashok Leyland: Rough road ahead
Ashok Leyland
Observation
- Multiple resistance between 54-57 & then around 63 levels
- before September, it could be extremely difficult to cross the red zone
- below 47.65 target 45.50
- if Ashok Leyland starts trading below the green line, then it may be indication of further weakness & we may witness a quick fall towards 38-36 levels.
One may consider selling Ashok Leyland on rise especially around 55 odd levels or once it breaks 47.65
Alternatively one may consider selling Ashok Leyland 28-May-2020 Call option
Strike Price: 60
Price between 1.3 - 1.6
Lot size 8000
Target : 0.3 / 0
Time frame till 28 May 2020
Take care & safe trading...!!!
Observation
- Multiple resistance between 54-57 & then around 63 levels
- before September, it could be extremely difficult to cross the red zone
- below 47.65 target 45.50
- if Ashok Leyland starts trading below the green line, then it may be indication of further weakness & we may witness a quick fall towards 38-36 levels.
One may consider selling Ashok Leyland on rise especially around 55 odd levels or once it breaks 47.65
Alternatively one may consider selling Ashok Leyland 28-May-2020 Call option
Strike Price: 60
Price between 1.3 - 1.6
Lot size 8000
Target : 0.3 / 0
Time frame till 28 May 2020
Take care & safe trading...!!!
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。